Vivint lands $100m investment from Peter Thiel and Solamere Capital

Vivint lands $100m investment from Peter Thiel and Solamere Capital

By Matt Burns

16

Vivint’s smart home systems are about to get a bit smarter. The home automation and security company just nabbed $100m co-led by tech investor Peter Thiel and strategic investment firm Solamere Capital. This influx in capital will be used for Vivint’s growth and research and development of products.
The Blackstone Group purchased Vivint in 2012 for $2 billion and still owns the… Read More

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Source:: TechCrunch Gadgets

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